|MEASURE O |
Aromas-San Juan Unified School District
|To increase student safety and school security, repair classrooms and facilities including wiring, plumbing and roofs; construct new classrooms; and qualify for state matching funds shall Aromas -San Juan Unified School District’s measure authorizing $30.5 million of bonds with legal rates, yearly projected average levies less than $0.051 /$100 of assessed valuation while bonds are outstanding (generating an average $2 million dollars per year), annual audits, independent oversight and no projected increase in current tax rates be adopted?|
|What your vote means?|
|BONDS – YES||BONDS – NO|
|If fifty-five percent (55%) of all voters casting ballots in the District in San Benito and Santa Cruz and Monterey Counties vote “Bonds – Yes” the bond issuance will be approved.||If less than fifty-five percent casting ballots vote “Bonds – Yes” the bond issue fails and funds will not be available for the projects on the list.|
|Approval of this Measure does not guarantee that the proposed project(s) in the Aromas-San Juan Unified School District that are the subject of bonds under Measure O will be funded beyond the local revenues generated by Measure O. The school district’s proposal for the project(s) may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.|
|What will you find in this pamphlet?|
|County Counsel’s Impartial Analysis|
Tax Rate Statement
Argument in Favor (NO Argument Against was Filed)
Full Text of Measure
|COUNTY COUNSEL’S IMPARTIAL ANALYSIS OF MEASURE O|
| The Aromas-San Juan Unified School District Board of Trustees (“District”) placed Measure O on the ballot to reauthorize the issuance of Thirty Million Five Hundred Thousand Dollars ($30,500,000.00) in bonds to finance construction, reconstruction, rehabilitation, or replacement of school facilities that are specified on a District-approved bond project list, available for review with the full text of the measure.|
Approval of Measure O does not guarantee that all the proposed project or projects in the District that are the subject of bonds under Measure O will be funded beyond the local revenues generated by Measure O. The school district’s proposal for the project or projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.
Bonds are financial instruments used to borrow money with the principal and interest repaid by a property tax levy over the term of the bonds. By law, Education Code section 15140, et seq., the maximum rate of interest on the bonds is eight percent (8%) and the maximum term is twenty-five (25) years. The actual interest rate on the bonds is determined by market rates at the time of issuance and sale. Bonds authorized by Measure O may be issued in a series over time as funds are needed for specific projects, so the duration of the tax needed to pay the bonds is dependent upon when the last series is issued.
According to a tax rate statement prepared by the District, the estimated average annual tax needed to repay the principal and interest on the bonds would be five and seven hundredths cents ($.0507) per $100 of assessed value ($50.07 per $100,000), generating $2 million annually. The estimated maximum tax rate is six cents per $100 of assessed value ($60.00 per $100,000). The final fiscal year in which the tax is anticipated to be collected is 2051-52. The Use of the bond proceeds is restricted to projects on the approved bond project list, and is subject to annual performance and financial audits, review by the District Board of Trustees, and oversight by an independent citizens’ oversight committee. No administrator or teacher salaries may be paid from bond proceeds.
If fifty-five percent (55%) of all voters casting ballots in the District in San Benito and Santa Cruz and Monterey Counties vote “Bonds – Yes” the bond issuance will be approved. If less than fifty-five percent casting ballots vote “Bonds – Yes” the bond issue fails and funds will not be available for the projects on the list.
BARBARA THOMPSON, County Counsel
By: s/JOEL ELLINWOOD, Assistant County Counsel
|TAX RATE STATEMENT FOR MEASURE O|
An election will be held within the boundaries of Aromas-San Juan Unified School District (“District”) on November 3, 2020 to authorize the sale of up to $30.5 million in bonds of the District to finance improvements to educational facilities as described in the measure. If such bonds are approved, authorized and sold, the principal and interest on the bonds will be payable only from the proceeds of ad valorem tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400 to 9404, inclusive, of the California Elections Code. Such information is based upon the best estimates and projections presently available from official sources, upon experience within the District and other demonstrable factors.
The attention of all voters is directed to the fact that the foregoing information is based upon projections and estimates only, which are not binding upon the District. The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold and market interest rates at the time of each sale, and actual assessed valuations over the term of repayment of the bonds. The dates of sale and the amount of bonds sold at any given time will be determined by the District based on need for construction funds and other factors. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of each sale. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by each County Assessor in the annual assessment and the equalization process. Accordingly, the actual tax rate and the years in which such rates are applicable may vary from those presently estimated as above stated.
s/ MICHELE HUNTOON, Superintendent October 30, 2019
|ARGUMENT IN FAVOR OF MEASURE O|
The COVID-19 crisis has had a significant impact on our community, but especially on our schools. Overnight, teachers and staff have been forced to find completely new ways to educate, stay connected with and care for our children. And we have all learned a valuable lesson: crises don’t wait—we must prepare for any emergency.|
We now see how critical it is to ensure that our schools are safe, high-quality learning environments where children thrive, no matter the circumstances. Measure O gives us the opportunity to do this without raising taxes.
Measure O will provide Aromas School, San Juan School and Anzar High School with resources to make critical safety updates and better prepare students for a changing world.
Measure O projects include:
Measure O will benefit us all. With better schools come higher property values and a brighter outlook for our community. Our schools are our most valuable public resource. Let’s guarantee they remain that way. Vote Yes on Measure O.
s/ KOLLIN KOSMICKI
s/ JENNIFER COLBY
s/ TERI MARSHALL
s/ DREW MCALISTER
|NO ARGUMENT AGAINST MEASURE O WAS FILED|
|FULL TEXT OF MEASURE O|
The provisions in this section are specifically included in this proposition in order that the Aromas-San Juan Unified School District’s voters and taxpayers may be assured that their money will be spent wisely to address specific facilities needs of the Aromas-San Juan Unified School District, all in compliance with the requirements of Article XIII A, Section 1(b)(3) of the State Constitution, and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Education Code Sections 15264 and following).
Evaluation of Needs. The Board of Trustees has prepared an updated facilities plan in order to evaluate and address all of the facilities needs of the Aromas-San Juan Unified School District campus, and to determine which projects to finance from a local bond at this time. The Board of Trustees hereby certifies that it has evaluated safety, class size reduction and information technology needs in developing the Project List.
Limitation on Use of Bond Proceeds. The State of California does not have the power to take locally approved school district bond funds for any State purposes. Proceeds from the sale of bonds authorized by this proposition shall be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities, and not for any other purpose, including teacher and administrator salaries and other school operating expenses. Proceeds of the bonds may be used to pay or reimburse the District for the cost of District staff when performing work on or necessary and incidental to the bond projects.
Independent Citizens’ Oversight Committee. The Board of Trustees shall establish an independent Citizens’ Oversight Committee (pursuant to Education Code Section 15278 and following), to ensure bond proceeds are spent only for the school facilities projects listed in the Bond Project List. The committee shall be established within 60 days of the date when the results of the election appear in the minutes of the Board of Trustees.
Annual Performance Audits. The Board of Trustees shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school facilities projects listed in the Project List.
Annual Financial Audits. The Board of Trustees shall conduct an annual, independent financial audit of the bond proceeds until all of those proceeds have been spent for the school facilities projects listed in the Project List.
Special Bond Proceeds Account; Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Board of Trustees shall take actions necessary pursuant to Government Code Section 53410 and following to establish an account in which proceeds of the sale of bonds will be deposited. As long as any proceeds of the bonds remain unexpended, the Superintendent of the District shall cause a report to be filed with the Board no later than December 31 of each year, commencing December 31, 2020, stating (1) the amount of bond proceeds received and expended in that year, and (2) the status of any project funded or to be funded from bond proceeds. The report may relate to the calendar year, fiscal year, or other appropriate annual period as the Superintendent shall determine, and may be incorporated into the annual budget, audit, or other appropriate routine report to the Board.
This Bond Project List, which is an integral part of this proposition, describes the specific projects the District proposes to finance with proceeds of the bonds.
Proceeds from the sale of bonds authorized by this measure shall be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities on the Bond Project List, including the furnishing and equipping of said school facilities, or the acquisition or lease of real property for said school facilities, and not for any other purpose, including teacher and administrator salaries and other school operating expenses.
In order to meet all identified facility needs, the District intends to complete projects using a combination of funding sources. These sources may include joint-use funds, development impact fees, state funds (if available) and other available funds. The District will pursue state matching funds if and when they become available, and if received, they will be used for and mainly applied to projects on the Bond Project List or other high priority capital outlay expenditures as permitted in Education Code section 17070.63(c). No project is dependent on the receipt of state funding for completion.
Bond proceeds will be expended to modernize, replace, renovate, construct, acquire, equip, furnish and otherwise improve schools, classrooms, grounds and facilities throughout the District. Specific projects to be funded by the bond measure include, without limitation, the following:
School Renovation, Repair and Upgrade Projects
The allocation of bond proceeds will be affected by the District’s receipt of State matching funds and the final costs of each project. In the absence of State matching funds, which the District will aggressively pursue to reduce the District’s share of the costs of the projects, the District will not be able to complete some of the projects listed above. The budget for each project is an estimate and may be affected by factors beyond the District’s control. The final cost of each project will be determined as plans and construction documents are finalized, construction bids are received, construction contracts are awarded, and projects are completed. Based on the final costs of each project, certain of the projects described above may be delayed or may not be completed. Demolition of existing facilities and reconstruction of facilities scheduled for repair and upgrade may occur, if the Board determines that such an approach would be more cost-effective in creating more enhanced and operationally efficient campuses. Necessary site preparation/restoration may occur in connection with new construction, renovation or remodeling, or installation or removal of relocatable classrooms, including ingress and egress, removing, replacing, or installing irrigation, utility lines, trees and landscaping, relocating fire access roads, and acquiring any necessary easements, licenses, or rights of way to the property. Proceeds of the bonds may be used to pay or reimburse the District for the cost of District staff when performing work on or necessary and incidental to bond projects. Bond proceeds shall only be expended for the specific purposes identified herein. The District shall create an account into which proceeds of the bonds shall be deposited and comply with the reporting requirements of Government Code § 53410. The order in which projects are listed in the foregoing Bond Project List does not suggest an order of priority. Project prioritization is vested in and will be determined by the District Board of Trustees.